Biggest Myths About Buying a Home

As you prepare to embark on the homebuying process, you may encounter a variety of homebuying myths. And if you believe these myths, the risk increases that you may be forced to deal with many problems along the homebuying journey.

Now, let’s take a look at three common homebuying myths, along with the problems associated with these myths.

1. Buying a house is a quick, stress-free process.

The homebuying process may prove to be long and arduous, particularly for a first-time homebuyer. Fortunately, real estate agents are available to help you simplify the process of acquiring a top-notch residence at a budget-friendly price.

A real estate agent understands the challenges associated with buying a house. As such, he or she can help you identify and address these problems before they escalate.

Typically, a real estate agent will learn about what you want to find in your dream house and help you plan accordingly. With this approach, a real estate agent will ensure that you can enjoy a fast, worry-free homebuying experience.

2. Getting a mortgage won’t take long at all.

There are many factors that will dictate your ability to acquire a mortgage that matches or exceeds your expectations. For instance, your credit score, income and outstanding debt will impact a lender’s decision to provide you with a mortgage. And if you have experienced financial problems in the past, they may impact your ability to acquire a mortgage today.

It generally helps to get pre-approved for a mortgage before you enter the housing market. Because if you have a mortgage in hand, you can narrow your house search.

Also, it may be beneficial to shop around for a mortgage from several banks and credit unions. If you explore all of the mortgage options at your disposal, you can select a mortgage that suits your finances perfectly.

3. The first home that you see in-person likely will be the house that you’ll end up purchasing.

The homebuying process offers no guarantees. And if you expect to buy the first home that you view in-person, you ultimately may be disappointed with the final results of your home search.

Oftentimes, it is a great idea to check out a wide range of houses. By conducting an in-depth home search, you can select a house that fulfills all of your homebuying demands.

As you search for a home, you may want to work with a real estate agent too. This housing market professional can set up home showings and keep you up to date about open house events.

Furthermore, a real estate agent is happy to provide homebuying recommendations and suggestions. He or she will do whatever it takes to help you find a terrific residence, as well as negotiate with a seller’s agent on your behalf to ensure you won’t have to pay too much to acquire your ideal house.

The aforementioned myths can be harmful to any homebuyer, at any time. If you hire a real estate agent, however, you can learn the ins and outs of the housing market and avoid potential hurdles throughout the homebuying journey.

Another Property Sold – 125 Northwest Road Spencer, MA

This Single-Family in Spencer, MA recently sold for $359,400. This Ranch style home was sold by Mary (Vigliatura) Stolarczyk – RE/MAX Vision.








125 Northwest Road,



Spencer, MA 01562

Single-Family

$359,400
Price

$359,400
Sale Price

5
Rooms

3
Beds

2
Baths

Custom built ranch in desirable country setting. Minutes to Route 31, this home has many upgrades including maple hardwood flooring, custom cabinets in kitchen and bath, leathered granite counters with farmers/apron sink. Large master, master bath with oversized walk-in shower and separate laundry room. Two car attached garage with front and back covered decks. Large, open fireplaced living room, cathedral ceilings and so much more.

Similar Properties

19 Lake Avenue, Spencer, MA 01562 has an Open House on Sunday, Jun 24, 2018 at 12:30 PM








19 Lake Avenue,



Spencer, MA 01562

Single-Family

$625,000
Price

9
Rooms

3
Beds

3/1
Full/Half Baths

House all rebuilt During seller's ownership. Including, plumbing, electric, flooring, sprinkler system, septic, well. Stone walls and walkways, professional landscaping, pretty yard with perennials, and wrap around 33×36 Trex decking overlooking beautiful Stiles Reservoir, a private, full recreational lake. Over 100 feet of water frontage, enjoy sunrise AND sunsets in the inviting sunroom with French doors leading out to the deck. Open kitchen with tile, granite and stainless appliances and large island. Beautiful hardwood flooring in dining and living room with more beautiful views. Master with cathedral ceiling, bath and walk-in closet. New Roofing on main home and garage, and water filtration system to remove sediment. Finished lower level family room with French Door opens out to waterfront living, including patio, firepit and dock. Views from almost every room! You won't want to leave this summer or anytime of year!

Open House

Sunday

June 24
at
12:30 PM to 2:00 PM

Cannot make the Open Houses?

Location: 19 Lake Avenue, Spencer, MA 01562    Get Directions

Colonial – 19 Lake Avenue Spencer, MA 01562 now has a new price of $625,000!








19 Lake Avenue,



Spencer, MA 01562

Single-Family

$625,000
Price

9
Rooms

3
Beds

3/1
Full/Half Baths

House all rebuilt During seller's ownership. Including, plumbing, electric, flooring, sprinkler system, septic, well. Stone walls and walkways, professional landscaping, pretty yard with perennials, and wrap around 33×36 Trex decking overlooking beautiful Stiles Reservoir, a private, full recreational lake. Over 100 feet of water frontage, enjoy sunrise AND sunsets in the inviting sunroom with French doors leading out to the deck. Open kitchen with tile, granite and stainless appliances and large island. Beautiful hardwood flooring in dining and living room with more beautiful views. Master with cathedral ceiling, bath and walk-in closet. New Roofing on main home and garage, and water filtration system to remove sediment. Finished lower level family room with French Door opens out to waterfront living, including patio, firepit and dock. Views from almost every room! You won't want to leave this summer or anytime of year!

Open House

Sunday

June 24
at
12:30 PM to 2:00 PM

Cannot make the Open Houses?

Location: 19 Lake Avenue, Spencer, MA 01562    Get Directions